Liberty University at a glance

LYNCHBURG, Va. (AP) — The late Rev. Jerry Falwell recognized the importance of accreditation, academics and athletics when he founded what is now Liberty University in 1971, his son Jerry says.

Perhaps like any upstart in a field where its competitors date themselves by centuries, not decades, the younger Falwell is quick to list the achievements of a school he has overseen since 2007. Here's a sampling:

— Its net assets have grown from $100 million in 2000 to more than $1.4 billion.